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On October 15, the day bitcoin’s price surpassed the $60K per unit handle, Salvadoran president Nayib Bukele taunted the professor of applied economics at Johns Hopkins University, Steve Hanke, over…
A month after the Bitcoin law went into effect in the central American nation of El Salvador, interest in the cryptocurrency has continued to soar as a greater percentage of…
President Bukele confirms that Chivo has reported 24,076 remittance requests, which has added up to $3,069,761.05 in one day.
The Bank of Spain, the central bank of the country, criticized the adoption process El Salvador chose when declaring Bitcoin legal tender last month. In a report titled “The role…
Developing economies are more affected by issues related to remittances and inflation, BitMEX's CEO said.
Nayib Bukele, president of El Salvador, announced yesterday he will start using surplus funds from the country’s bitcoin trust. Part of the $4 million excedent will be invested in a…
Salvadoran president Nayib Bukele said no Bitcoin will be sold to fund the investment, with the state instead drawing USD from its Bitcoin trust.
If you didn’t like the way Nayib Bukele was implementing his Bitcoin policy in El Salvador, maybe his latest actions will change your mind, or at least make you admit…
Ethereum co-founder Vitalik Buterin spoke out against President Nayib Bukele’s compulsory bitcoin usage for merchants and businesses, saying it was against cryptocurrency’s “ideals of freedom.” Buterin commented in response to…
El Salvador’s decision to officially make bitcoin a legal tender inside its borders has caused some controversy. While some locals expressed their dissatisfaction, many prominent names such as Michael Saylor…